TY - BOOK ID - 31261980 TI - Can the euro be saved? PY - 2018 SN - 9781509515240 1509515240 9781509515257 1509515259 PB - Cambridge, UK ; Malden, MA Polity Press DB - UniCat KW - Monetary policy KW - Economic and Monetary Union. KW - EMU KW - WWU KW - Europäische Wirtschafts- und Währungsunion KW - Unión Económica y Monetaria Europea KW - Oikonomikē kai Nomismatikē Henōsē KW - ONE KW - European Monetary Union KW - Talous- ja rahaliitto KW - Unione monetaria KW - Euroopan talous- ja rahaliitto KW - Rahaliitto KW - European Economic and Monetary Union KW - UME KW - Unione monetaria europea KW - EWWU KW - Unión Monetaria Europea KW - Ekonomiska och monetära unionen KW - Union monétaire européenne KW - Union économique et monétaire européenne KW - UEM KW - Unia Gospodarcza i Walutowa KW - European Union countries KW - Economic integration. KW - Economic policy. KW - Money. Monetary policy KW - 334.151.20 KW - Economische en monetaire unie van de Europese Gemeenschappen: algemeenheden KW - Economic and Monetary Union KW - Economic integration KW - Economic policy KW - Monetary policy - European Union countries KW - European Union countries - Economic integration KW - European Union countries - Economic policy UR - https://www.unicat.be/uniCat?func=search&query=sysid:31261980 AB - "The economies of the Eurozone countries are plagued by multiple crises, which cast major doubts over the future of the Euro. In this engaging new book, leading heterodox economist Malcolm Sawyer argues that the entire policy framework of the Eurozone was fundamentally flawed from its foundation. He shows how these design faults intensified the effects of the crisis, made an effective response to the crash almost impossible, and are now locking in perpetual self-defeating austerity.
Sawyer proposes a bold alternative agenda for reviving the continents economic prosperity and saving the Euro, centred on a Federal fiscal policy and deep reform of the European Central Bank. He argues, however, that these solutions would require a fundamental transformation that is almost certain to encounter huge ideological and political obstacles. He therefore concludes that Europe faces a bleak economic future, blighted by low growth, high unemployment and social division.
This major contribution to one of the key economic and political issues of our time will be essential reading for everyone interested in Europes future"-- ER -